Royale Finds Oil at Whittier and Jameson Fields
ROYALE ENERGY INC (ROYL)
US:NASDAQ Investor Relations:
royl.com/investor
Company Research
Source: GlobeNewswire
SAN DIEGO, April 22, 2020 (GLOBE NEWSWIRE) -- Royale Energy, Inc., (OTCQB : ROYL), an independent exploration and production company based in San Diego, California announced the Whittier W1-ST5 oil well reached a total depth of 3,634 ft in the West Whittier Field. The well encountered porous and permeable sandstone reservoirs with oil and gas shows from 1,140 ft. to 3,510 ft. It is calculated that a net 1,470 ft. of oil-bearing productive rock were encountered in the well. It was designed to drill in between several high-volume wells in the center part of the field (wells that each produced in excess of 200,000 barrels or more of oil). In the initial 72 hours, the W-1 has produced at a daily rate of 129 barrels of oil, no water, on a 13/64th’s choke. The average tubing pressure over the same period is 392 psi. The well is only producing from the bottom 100 ft. of the 1,470 ft. of the net pay. Royale Energy owns approximately 29% net revenue interest in the W1-ST5. The Whittier
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- 11/26/25 - Form 10-Q
- 11/26/25 - Form D/A
- 11/17/25 - Form NT
- ROYL's page on the SEC website